Quote:
Originally Posted by Larry Legend
Not to rain on your parade at all, but considering your neighborhood and everything, are these improvements going to positively impact the value of your house?
It seems based on the few times you have mentioned neighboring houses that it will, but curious if you are doing this basically for 100% personal enjoyment, or because it also offers value.
You aren't raining at all.
I really rolled this decision around for quite some time because the improvements probably won't pay off monetarily. Although it may be close since I'm doing most of the work myself. However, more than likely this house gets bulldozed when I sell it. The land values in this neighborhood are crazy and all the small houses are being replaced.
This is primarily a "for me" decision. As painful as it was to accept this, I'm probably going to work where I'm at for at least 5 years. More likely 10 or 15 (shoot me now). This neighborhood is fantastic but the house has been a mess for as long as I've lived here and I just want something nice for a change. And, I've paid it off so there's that.
There were some other non-house related reasons too but that's for another blog.
This will also give me the option of keeping it and renting it out if I decide to.